Amends the Property Tax Code. Provides that property leased, subleased, or rented, in whole or in part, to a taxing district and used exclusively for a bona fide taxing district purpose is exempt. Provides that the exemption applies only to the portion of the property used for bona fide taxing district purposes. Effective immediately.

Statutes affected:
Introduced: 35 ILCS 200/15